Leveraging Architectural Approaches in Web3 Applications - A DAO Perspective Focused
Guangsheng Yu, Qin Wang, Tingting Bi, Shiping Chen, Xiwei Xu
Abstract
Architectural design contexts contain a set of factors that greatly influence software application development. Among them, organizational design contexts consist of high-level company concerns and how it is structured, for example, stakeholders and development schedules heavily impacting design considerations. The Decentralized Autonomous Organization (DAO), as a vital concept in the Web3 space, represents an organization constructed by automatically executed rules, such as via smart contracts, holding features of the permissionless committee, transparent proposals, and fair contribution by participated stakeholders. In this work, we conduct a systematic literature review of existing DAO literature to summarize its structural features, benefits and challenges, and potential development directions in the context of Web3 applications.